Owais Metal and Mineral Processing Limited IPO
₹83 - ₹87
1600
221.18
| Open Date: | 26-Feb-2024 |
| Close Date: | 28-Feb-2024 |
| Allotment Date: | 29-Feb-2024 |
| Listing Date: | 04-Mar-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹83-87 Per Equity Share |
| Issue Size: | Total Issue Size 4,907,200 shares (aggregating up to ₹42.69 Cr) : Fresh Issue 4,907,200 shares (aggregating up to ₹42.69 Cr) |
| Market Lot (Min Amount): | Retail - ₹139,200 : HNI - ₹278,400 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 912,000 | 684,800 | 1,598,400 | 3,195,200 |
| Day 1 - 26-03-24 05:00 PM | 0.01x | 6.09x | 10.04x | 6.33x |
| Day 2 - 27-03-24 05:00 PM | 0.71x | 37.30x | 79.55x | 47.99x |
| Day 3 - 28-03-24 05:00 PM | 92.06x | 329.36x | 248.50x | 221.18x |
| Total No. of Application: | 248,255 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 248.50x | |||
| Earning Per Share(EPS) | ₹4.08/- |
| P/E Ratio | 21.35 |
| RoNW | -22.22% |
| Net Asset Value (NAV) - Post Issue: | ₹16.21/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Dec,2023 | 5,164.23 | 3,977.54 | 765.47 |
| 31 Mar,2023 | 379.62 | -12.72 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.01% |
| 1. Mr. Saiyyed Owais Ali |
| 2. Mr. Sayyad Akhtar Ali |
| 3. Mr. Saiyyed Murtuza Ali |
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- Purchase of Equipment to Facilitate Manufacturing
- Working Capital Requirements
- General Corporate Purposes.
Owais Metal and Mineral Processing Limited was established in 2022 and is engaged in the production and processing of metals and minerals. Prior to the incorporation of the company, the business of the company was carried on under the name of M/s Owais Ali Overseas, a sole proprietorship firm of the promoter Mr. Saiyyed Owais Ali.
The company is engaged in the manufacturing and processing of the following products
- Manganese oxide (MNO): It is used in the fertilizer industry and manganese sulphate plants
- MC Ferro Manganese: used in the steel and casting industry
- Charcoal production: used in furnaces in industries that require high heat for their manufacturing process, e.g. the steel industry
- Processing of minerals such as ferroalloys, quartz, and manganese ore: used in the hotel industry, the tile and ceramics industry, the glass industry, and the interior design and furniture industry.
The company supplies its products to the states of Madhya Pradesh, Maharashtra, Punjab, Delhi and Gujrat.
The company's manufacturing facility is located in Meghnagar, Madhya Pradesh. As of December 31, 2023, the company had 25 permanent employees.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.